A vital element in the new French corporate governance practices for listed firms is the etablishment of specailized committees comprising Board members. Acting on the recommendations of the official Viénot report, Zodiac Aerospace has set up three committees : an Accouting committee, a Remuneration Committee, and a Selection Committee. The Three units are not decision-making bodies; they assist, inform and report their findings to the Supervisory Board, which is vested with the decision-making authority.

The Account Committee is in charge of analyzing the accounts and monitoring the quality and methods of terminal and external auditing.The Committee members are : Didier Domange, Gilberte Lombard, Louis Desange and la Société Foncière, Financière et de Participation.

The Remuneration Committee sets the compensation paid to Executive Committee members and approves the salaries of executive officers; ils also monitors the issuance of stock options and distributes directors' fee. The Committee members are : Didier Domange, Gilberte Lombard, Robert Marechal and La Société Financière du Cèdre.

The Selection Committee appoints members to the Supervisory Board and, occasionally, executive officers. It is also in charge of examining the membership of the Supervisory Board. The Committe members are : Didier Domange, Gilberte Lombard, Louis Desanges, M. Edmond Marchegay.

Above all else, corporate governance expresses the accountability of Supervisory Board members toward Zodiac Areospace shareholders. All Board members have signed an ethics charter setting out their rights and duties.